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ContractPodAi: Vendor Analysis — CLM Solution Overview, Strengths/Weaknesses, Company SWOT, Tech Selection Tips

08/17/2020 By

This one-part ContractPodAi Vendor Analysis includes an overview of ContractPodAi’s solution for contract lifecycle management (CLM).

The overlap of markets for legal tech and broader CLM solutions market has created a unique subsector that serves legal functions first and foremost but extends their value prop across the entire enterprise.

ContractPodAi is one such vendor, claiming to be built “by and for lawyers” but also serving cross-enterprise use cases.

The comparatively young vendor, which launched its current product in 2015 and landed a $55 million funding round in 2019, offers a highly usable CLM solution that even extends into some more advanced use cases around obligation tracking.

And, as its name implies, it supports a concerted focus on applying artificial intelligence (AI) into its platform, using technologies from IBM Watson and Microsoft Azure as its backbone.

So how does this legal-first, AI-via-partnership approach stack up against CLM incumbents, particularly those taking a “grow your own” approach to AI model and capability development?

This one-part ContractPodAi Vendor Analysis also offers a perspective on what is comparatively good (and not so good) about the solution, a SWOT analysis and a tech selection checklist for organizations that might consider the vendor.

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Vendor Analysis